Hapro Starts Building VND293.5B Trade Center in Hanoi

Hanoi Trade Corporation (Hapro) began on Jan 22 the construction of a VND293.5 billion luxury trade and service center in Vietnam’s capital city.

 

The 18-storey center, located on a 2,900-square-meter land lot, will comprise a retail system of Hapro and offices for lease.

 

The French-style building is scheduled to be opened in Mar 2012. Hapro has recently put into operation two other centers of the kind in the city.

 

Hapro targets total revenue of some VND6.6 trillion this year, with pre-tax profit of some VND100 billion, up 10% from last year.

 

A representative of the corporation also said it aims to become one of the top retailers in the country in 2015 with 2 hypermarkets, 5 shopping centers, 60 supermarkets, 30 HaproMart convenience stores, 213 HaproFood organic vegetable stores, 300 specialized shops and 1 large-scale warehouse and logistics system. (Vietnam Economic Times)